The large complex Caterpillar Inc. will soon vacate in South Milwaukee is under contract for sale to Reich Brothers LLC, a New York company with about 5 million square feet in holdings that include property in Wisconsin.
Company co-CEO Jonathan Reich confirmed the contract to buy the property, which has about 29 acres of office and manufacturing buildings between Rawson and Milwaukee avenues. He said the sale is scheduled to close in the last half of July, and declined to comment on future plans…